Home Travel News & Insights HBL was the First Commercial Bank Established in Pakistan in 1947

HBL was the First Commercial Bank Established in Pakistan in 1947

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HBL was the First Commercial Bank Established in Pakistan in 1947

HBL, on its progressive , skilled development and growth. The bank's very first worldwide branch opened in Colombo, Sri Lanka, in 1951, and the renowned HBL Plaza structure began operations on September 4, 1971.

After a duration of nationalization in 1974, HBL played a leading function in the banking market, especially in foreign remittances and loans to little markets, traders, and farmers.

In 2004, the bank was privatized, with management control moved to AKFED. By April 2015, the Government of Pakistan divested its whole shareholding, making HBL the nation's biggest personal bank.

HBL has actually been a leader, adding to efforts such as restoring global cricket through HBLPSL and supporting the economy with programs like the Ehsaas Emergency Cash Program.

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